Rates may soon be coming down

Well I guess everything that was discussed on the Dave Nemo show this week means him and his guests are full of ####. They specifically sited that trucking is pulling far more freight then rail is, and is forecasted to continue to do so for the rest of the year, as well as rates are forecasted to bump up slightly.

 

trains can pull more freight. sure. but they are very limited in their travels.

trucks can go anywhere. trains can't.

as for parking in phoenix. it's always full. 24/7/365.

 

They have massive employee turnover. They know X-number of drivers are going to quit each week, so rather than fix their hr problems they get more suckers, er...drivers, to fill the expected gap.

 

If its a flease company, they do it to push you into a lease. I have heard that story a couple of times. O we only have lease trucks right now...

 

Thats when they take there final exam, its a history class on indentured servitiude. Many fail.

 

Why are the rates so cheap in Texas, when there are more loads picking up than dropping off? I just bought my truck in January and first time coming to Texas and the last I think.

 

I don't go down there unless the rate is way over the top. But I will say this. "Gospels" about certain markets can really mislead an owner at times. Really with an area like Texas you can never really know for sure it's a day to day thing. Like anywhere else cold a few days then hot for reasons unknown. Or hour to hour that thing can change. Just always make sure you get as close as possible to a round trip rate going there then there's no worries.

 

Yes. Texas sucks. No good rates 😎

 

You would not believe how few drivers make it from the application to finally getting their own truck. Then even fewer make it through their first year. I'm not defending the large carriers, just trying to point out how bad the labor pool of potential drivers is. When I drove a school bus I was talking to the head of safety and he told me that only about 10% of those who filled out an application would ever drive a bus. I went to C-1 for driver training and we lost half the class on the first day just because they couldn't pass the drug test, failed the physical, or weren't hire-able by even the bottom feeder companies. By the end of the 3 weeks not many of us were left and even fewer got their cdl. I have no idea how many showed up for their first day with their chosen company.